Washington Water Trust

Analysis

Washington Water Trust is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Washington Water Trust reported income of $3.8m and spending of $3.3m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.8m (+141%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 74%. Over the whole period it spent 89% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Washington Water Trust sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within WA. Charities of a similar size with the same main cause include Unkitawa ($3.8m), Land Stewardship Project ($3.8m) and Conservation Biology Institute Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 72% of the total. Compensation of current officers, directors and key employees was $114k (3.5% of expenses). Other salaries and wages came to $919k. At year end it held assets of $2.9m against liabilities of $251k, net assets of $2.7m. It reported 16 employees.